Analyzing the Impact of US Jun CPI Data on Federal Reserve's Confidence in Rate Cuts
Monday, 15 July 2024, 09:39
US Jun CPI Data Analysis
The recent data showed a -0.1% m/m decrease, the first since the pandemic began.
Core inflation rose by 0.1%, the slowest m/m growth since Jan 2021.
Analyst Alvin Liew from UOB Group highlighted the significance of these figures.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.